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OpenAI hires its first chief economist | TechCrunch

In Brief Posted: 10:38 AM PDT · October 22, 2024 Image Credits: Bryce Durbin / TechCrunch OpenAI has hired its …

Contactless stores to grow in Europe as Sensei reels in another $16M | TechCrunch

While Amazon Go helped pioneer the concept of the totally contactless store, others, like 7-Eleven and Walmart, have entered the territory. And the …

Anthropic Reveals New AI Model That Comprehends And Interacts With All Desktop Apps

Anthropic just rolled out an upgraded version of its Claude 3.5 Sonnet and it’s safe to say that it’s revolutionary. The product can not only con…

Anthropic’s New Claude 3.5 Sonnet Can Complete Tasks on Your PCs

Anthropic introduced two new artificial intelligence ( AI ) models and a new AI capability on Tuesday. The biggest introduction is an upgraded vers…

Can Google’s AI Overviews Be Trusted? New Study Finds 43% Failure Rate For Finance Related Queries

Google’s AI Overviews might seem tempting at first but a new study is making users cautious of how you shouldn’t be blindly trusting the feature. …

Elon Musk's xAI Has Launched Grok AI Model as an API

Elon Musk’s ‘s xAI launched an application programming interface (API) for Grok on Monday. The billionaire entrepreneur promised to turn the native…

Are Big AI Models Compliant Of EU Rules? The Answer In This Study Might Surprise You

A new research study is said to be the first to translate the EU’s AI regulations for models and their requirements. However, you’ll be amazed to …

Meta tests facial recognition for spotting 'celeb-bait' ads scams and easier account recovery | TechCrunch

Meta is expanding tests of facial recognition as an anti-scam measure to combat celebrity scam ads and more broadly, the Facebook owner announced Mo…

India's Neysa bags $30M to compete with global AI hyperscalers | TechCrunch

Even though India isn’t at the forefront of the global AI innovation battle, demand for AI in the country is growing as businesses seek efficiencies…

DataCrunch wants to be Europe's first AI cloud hyperscaler — powered by renewable energy | TechCrunch

A fledgling startup is setting out to become one of Europe’s first “ AI compute” hyperscalers, with renewable energy playing a pivotal part in its …

Data: Engagement Rate of 1.2 Million AI-Assisted Posts vs. Human-Only

We launched the AI Assistant in Buffer to help our users generate new content, repurpose existing posts, and develop endless new ideas. Since its …

AI Market Will Surge to Near $1 Trillion by 2027, Bain Says

The global market for AI -related products is ballooning and will hit as much as $990 billion (roughly Rs. 82,75,424 crore) in 2027, as the technolo…

IBM Releases New AI Models for Businesses as GenAI Competition Heats Up

IBM released the latest version of its Artificial Intelligence ( AI ) models catered towards businesses on Monday, looking to capitalise on the su…

Meta AI Can Now ‘Imagine’ You In Different Avatars

Meta AI features were a major highlight during the company’s annual Meta Connect event on Wednesday. The company introduced the new voice chat fea…

OpenAI Said to Be Working to Remove Non-Profit Control, Give Sam Altman Equity

ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled …

AI Concerns Grow in 2024: Data Security Tops at 46%, Costs at 43%, Accuracy at 36%

According to new research from Lucidworks , many business leaders are worried about generative AI because of a number of things. Their concer…

Microsoft's Vice President of Generative AI Research to Join OpenAI

Microsoft on Monday said that its vice president of GenAI research, Sebastien Bubeck, is leaving the company to join ChatGPT-maker OpenAI . It was …

EU AI Act Checker Reveals Big Tech's Compliance Pitfalls

Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity resilience a…

ChatGPT Might Be Top Dog, But These AI Apps Are Snatching Up Profits!

When someone mentions AI app or AI chatbot, ChatGPT is the first thing that comes to mind, and that explains why it saw huge revenue growth in Q3 o…

Amazon Turns to Anthropic's Claude for Alexa AI Revamp

Amazon’s revamped Alexa due for release in October ahead of the U.S. holiday season will be powered primarily by Anthropic’s Claude artificial int…
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